Attorney John Deaton has asked the SEC to reread the Howey test following its claim that XRP has no intrinsic value. Crypto-Law.US founder John Deaton has once again slammed the SEC for losing sight of its mission and purpose. According to Attorney Deaton, the securities regulator ignores the law in its quest to achieve its The post Deaton Asks SEC to “Read Howey Again,” Following its Claim That XRP Has No Intrinsic Value first appeared on The Crypto Basic .